Dismiss Notice
Thanks for being a member of our community. Please donate toward site expenses if you can.

Global Impending Economic Doom Thread.

Discussion in 'Economics & Trade' started by Carl Von Clausewitz, Oct 5, 2018.

Page 9 of 13
  1. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    Correct use of language, given the source of surplus in capitalism. I can forgive your innocence of definition. It's not your fault. Herd right wing thought doesnt include political economy. The fibbing is a different business...
     
    Reiver, Oct 21, 2018
    #201
  2. squidward

    squidward Well-Known Member

    Joined:
    Jan 23, 2009
    Messages:
    37,112
    Likes Received:
    9,515
    Trophy Points:
    113
    Quite childish and hyperbolic use of language.
    That's ok, mommy can get you some cookies.
    Once your fit passes, you'll stop shaking, the flush will leave your face, and you'll feel better
     
    squidward, Oct 21, 2018
    #202
  3. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    Banter isn't your pal! Assuming specialisation, that should give you more time to catch up with the economics.
     
    Reiver, Oct 21, 2018
    #203
  4. squidward

    squidward Well-Known Member

    Joined:
    Jan 23, 2009
    Messages:
    37,112
    Likes Received:
    9,515
    Trophy Points:
    113
    Economic eggheads have failed our world for over 100 years. But they haven't failed the bankers that fund their academic endowments. They've graduated many an egghead failure
     
    squidward, Oct 21, 2018
    #204
  5. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    Bankers? Imagine if right wing economics hadn't pushed neoliberalism...
     
    Reiver, Oct 21, 2018
    #205
  6. squidward

    squidward Well-Known Member

    Joined:
    Jan 23, 2009
    Messages:
    37,112
    Likes Received:
    9,515
    Trophy Points:
    113
    Imagine if.
    I'm not right wing so save it for someone who cares
     
    squidward, Oct 21, 2018
    #206
  7. Robert

    Robert Well-Known Member Past Donor

    Joined:
    Aug 16, 2014
    Messages:
    68,085
    Likes Received:
    17,138
    Trophy Points:
    113
    Gender:
    Male
    No no and no. If anything, due to the Democrats essentially ruling America for the past 100 years, their economics is what fails.

    Give me the law and Rockefeller his money, and my use of law will collect his money.

    Democrats seem not to want to admit that as to law making, they are the rulers.

    What has stirred the hornets nest is Trump is now wanting to make his rules in law. They hate him.
     
    Robert, Oct 21, 2018
    #207
  8. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    If you understood any economics, you'd be cheering the right wing. Not sure what's worse mind you.....
     
    Reiver, Oct 21, 2018
    #208
  9. squidward

    squidward Well-Known Member

    Joined:
    Jan 23, 2009
    Messages:
    37,112
    Likes Received:
    9,515
    Trophy Points:
    113
    Authoritarians have nothing good to add to the economy
     
    squidward, Oct 21, 2018
    #209
    Robert likes this.
  10. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    Sounds a tad David Icke in tone. The Democrats aren't much cop! Only now are you seeing activist success in defeating the old guard.
     
    Reiver, Oct 21, 2018
    #210
  11. Robert

    Robert Well-Known Member Past Donor

    Joined:
    Aug 16, 2014
    Messages:
    68,085
    Likes Received:
    17,138
    Trophy Points:
    113
    Gender:
    Male
    I speak of the rule makers. The Democrats. The old guard are the Democrats.
     
    Robert, Oct 21, 2018
    #211
  12. Robert

    Robert Well-Known Member Past Donor

    Joined:
    Aug 16, 2014
    Messages:
    68,085
    Likes Received:
    17,138
    Trophy Points:
    113
    Gender:
    Male
    i believe, and due to speeches by Democrats in office. the media that backs democrats to the hilt, things said by Democrats on forums, they are clueless what their party had done to this nation and is still trying to do to it, and yet they support that corruption.

    And they defend their own corruption.
     
    Robert, Oct 21, 2018
    #212
  13. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    You missed the point. The US has had consensus politics, particularly in support of neoliberalism. There's been some success at harnessing activist to change the nature of the Democrats. However, it's early days and that change is so far very marginal.
     
    Reiver, Oct 21, 2018
    #213
  14. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    so??? an alliance to counter China exists anyway thanks to USA !!!!

    from todays WSJ!!! embarrassed yet??

    The 28-member European Union, Norway, Switzerland and 21 Asian countries—including China—pledged to uphold market principles and in-ternational standards for infrastructure projects at a summit in Brussels on Friday.U.S. allies, led by the EU and Japan, want to seize on China’s trade fight with Washington to expand in Asian markets that need roughly $26 trillion of infrastructure investments. China’s European and Asian rivals say Beijing shuts them out by forcing noncompetitive bids in exchange for Chinese-financed development projects. China says its deals meet international norms.
     
    james M, Oct 21, 2018
    #214
  15. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    Sanders is an open communist and leads Democrat Party. We would not call that marginal. 1+1=2
     
    james M, Oct 21, 2018
    #215
  16. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    Calling Sanders a communist is on a par with your 'tariffs are about getting rid of tariffs' guff.
     
    Reiver, Oct 21, 2018
    #216
  17. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    "You don’t necessarily need a choice of 23 underarm spray deodorants when children are hungry in this country," Sanders told John Harwood

    do you think health care and deodorant are only 2 industries he wants to control? Like taking candy from a baby!
     
    james M, Oct 21, 2018
    #217
  18. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    james M, Oct 21, 2018
    #218
  19. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    Commie? Who? Where? Think before you type.
     
    Reiver, Oct 21, 2018
    #219
  20. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    ah so you're a extract surplus value, exploit labor guy but not a standard libcommie statist?
     
    james M, Oct 21, 2018
    #220
  21. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    Sounds like you don't understand the difference between classical and neoclassical economics (although both, mind you, conclude that workers do not receive the value of their labour)
     
    Reiver, Oct 21, 2018
    #221
  22. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    Got it; so everyone including you and Marx think people are get ripped off by taking jobs and buying products they want and need. So then we need Nazis to step in and manage the economy as they see fit so it is fair to everyone!
     
    Last edited: Oct 21, 2018
    james M, Oct 21, 2018
    #222
  23. Distraff

    Distraff Well-Known Member

    Joined:
    Feb 4, 2011
    Messages:
    10,833
    Likes Received:
    4,092
    Trophy Points:
    113
    WWIII will likely happen because of resource shortages and climate change if it happens at all. The interest rate problem you are pointing out will probably create a bad recession but probably not as bad as 2008. The real economic doom is if our debt climbs so high that we aren't financially viable. This will result in the US definitely losing the leading world superpower status for good. Or maybe we will be like Japan and avoid any collapse but still have a lot of debt.
     
    Distraff, Oct 21, 2018
    #223
    Carl Von Clausewitz likes this.
  24. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    Capitalism prevents resource shortages. Prices go up, people use less, and/or find substitutes. It's a miracle.
     
    james M, Oct 21, 2018
    #224
  25. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    if a recession begins they will lower rates no significant recession is possible
     
    james M, Oct 21, 2018
    #225
Page 9 of 13

Share This Page